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Average Rent in Phillips Creek Ranch & Rent Trends

Rent prices and market trends across 28 apartment communities in Phillips Creek Ranch, Addison, TX. Updated daily.

Market Average

$1,759/mo

▲ +1.5% from last month

Lowest Available

$942/mo

cheapest unit on market

Communities

28

tracked daily

Units Listed

752

available now

Price Cuts This Week in Phillips Creek Ranch

156 listed units across 19 buildings in Phillips Creek Ranch dropped their asking rent in the past 7 days, an average cut of $58/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Cadence at Frisco Station Unit 542, A1 $1,892 $1,547 $345
Ravello Stonebriar Apartments Unit 133, 2x2G-TD $2,931 $2,678 $253
Ravello Stonebriar Apartments Unit 149, 2x2G-TD $2,931 $2,678 $253
Ravello Stonebriar Apartments Unit 146, 2x2E-D $2,705 $2,453 $252
Ravello Stonebriar Apartments Unit 134, 2x2G-TD $2,881 $2,632 $249
Ravello Stonebriar Apartments Unit 153, 2x2G-TD $2,881 $2,632 $249
Ravello Stonebriar Apartments Unit 252, 2x2B $2,331 $2,110 $221
Ravello Stonebriar Apartments Unit 230, 2x2B $2,271 $2,055 $216
See today's prices on all 752 listed units

Phillips Creek Ranch vs Addison, TX Average

Phillips Creek Ranch is more expensive than the Addison, TX average by $90/mo (5%). The citywide average is $1,669/mo across all neighborhoods.

Is Rent Going Up or Down in Phillips Creek Ranch?

As of August 2026, the average rent in Phillips Creek Ranch is $1,759 per month across 28 apartment communities and 752 available units. Rents have increased $26 (1.5%) over the past month.

The most affordable option is Cool Springs at Frisco Bridges starting at $942/mo. By unit type, a studio averages $1,429/mo, a 1-bedroom averages $1,589/mo, a 2-bedroom averages $2,160/mo, a 3-bedroom averages $2,728/mo.

Prices range from $942 to $7,181 per month. The most common price point is the $1,600 range, where 193 units are currently listed.

Phillips Creek Ranch Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
June 2026 $1,742 - 25
July 2026 $1,750 +$8 28
August 2026 $1,731 -$19 28

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Phillips Creek Ranch

Studio
$1,429
from $1,025 · 78 units
1 Bed
$1,589
from $942 · 440 units
2 Bed
$2,160
from $1,231 · 222 units
3 Bed
$2,728
from $2,099 · 12 units

Rent Prices by Apartment in Phillips Creek Ranch

Property Starting at Average Units Rating
Cool Springs at Frisco Bridges $942/mo $1,324/mo 32 3.4
Bell Starwood $1,000/mo $1,586/mo 10 4
The Plaza at Frisco Square Apartments $1,025/mo $1,546/mo 13 4.4
Stonebriar of Frisco Apartments $1,031/mo $1,158/mo 6 3
Cypress Lake at Stonebriar Apartments $1,085/mo $1,439/mo 7 3.6
The Enclave at Stonebrook $1,099/mo $1,563/mo 5 4.3
Waterford Market Apartment $1,110/mo $1,634/mo 18 4.4

Frequently Asked Questions About Rent in Phillips Creek Ranch

What is the average rent in Phillips Creek Ranch?

The average rent in Phillips Creek Ranch is $1,759 per month as of August 2026, based on 752 units across 28 apartment communities.

Is rent going up or down in Phillips Creek Ranch?

Rent in Phillips Creek Ranch has increased $26 (1.5%) over the past month. The current average is $1,759/mo.

What is the cheapest apartment in Phillips Creek Ranch?

The most affordable apartment in Phillips Creek Ranch is Cool Springs at Frisco Bridges with units starting at $942/mo.

How much is a 1-bedroom apartment in Phillips Creek Ranch?

A 1-bedroom apartment in Phillips Creek Ranch averages $1,589/mo, with prices starting at $942/mo across 440 available units.

How many apartments are available in Phillips Creek Ranch?

There are 752 units available across 28 apartment communities in Phillips Creek Ranch.

What salary do I need to live comfortably in Phillips Creek Ranch?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$70,000/year

Based on the 30 percent rule, using our tracked average rent of $1,759/mo.

Comfortable income

$84,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($942/mo), you need to earn at least $38,000/year.

Median household income in Phillips Creek Ranch is $82,858 , about 2% below the comfortable-living threshold.

Cost of living in Phillips Creek Ranch

Overall prices in Phillips Creek Ranch runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Phillips Creek Ranch's regional price parities.

Category Monthly estimate
Rent (market average) $1,759
Utilities $507
Groceries $560
Transportation $1,208
Healthcare $589
Other goods and services $943
Estimated total $5,565/mo

Population

17,128

Median household income

$82,858

Census median rent

$1,717/mo

Rent as % of income

27.4%

Median age

35.6

Mean commute

25 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Phillips Creek Ranch Apartments

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